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319 Princes Highway
Traralgon VIC 3844
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Sold on 5 Jan 2018

319 Princes Highway Traralgon VIC 3844

  • Showrooms / Bulky Goods
  • 780 m²
  • Sold, $1,000,000

Incredibly Rare High Yielding Princes Highway Investment - Net Yield Circa 7%

    - Brand new lease to Traralgon Motorcycles -- long standing and highly regarded local business for 25 years
    - Current rent $80,000 with fixed 3% annual increases, tenant pays all usual outgoings
    - Three (3) year lease term with 2 further 3 year options
    - Building area 780m2*, comprises showroom, office space, staff amenities, workshop and mezzanine storage
    - Site 1382m2*, Princes Highway frontage 24.38m*, good access to rear yard
    - Outstanding location on Highway 1, the address of choice for all major national bulky goods retailers

    (*approx)

    Property Highlights

    Date Sold5 Jan 2018
    Sold Price$1,000,000
    Floor Area780 m²
    Land Area1,382 m²
    ParkingAsk Agent
    Property ID2014067267
    Category
    Last updated  15 Apr 2024
    Map for 319 Princes Highway Traralgon VIC 3844

    Property Highlights

    Date Sold5 Jan 2018
    Sold Price$1,000,000
    Floor Area780 m²
    Land Area1,382 m²
    ParkingAsk Agent
    Property ID2014067267
    Category
    Last updated  15 Apr 2024

    Listed by

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